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USA-ECONOMY/HOUSING
RTR24YLW
June 23, 2009
Workers construct the frame of a new home in Geneva, Illinois, June 23, 2009. The U.S. Commerce Department...
Geneva, UNITED STATES
Workers construct the frame of a new home in Geneva
Workers construct the frame of a new home in Geneva, Illinois, June 23, 2009. The U.S. Commerce Department will release data on sales of newly constructed single-family homes in the United States on June 24, and the report is expected to show sales continuing to climb. Sales of previously owned U.S. homes rose for a second straight month in May but were weaker than expected, adding to growing fears of an anemic economic recovery from a deep recession. The National Association of Realtors said sales climbed 2.4 percent last month to an annual rate of 4.77 million units. REUTERS/Jeff Haynes (UNITED STATES BUSINESS)
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